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be a live speech of president morsi by he put it on video and they will play it to the people shortly. when they see it, we will see it. it is very important. the reaction on the streets of cairo less than two years after people kicked their president out. and a health care for former president george h.w. bush, he has been in the hospital for a week now. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. >>shepard: 17 minutes past the hour. egyptian president morsi has recorded a statement on the uprising in the crucial area of the middle east and egyptian lawmakers are returning to complete a brand new constitution that could end president morsi's power grab. last week he essentially maim himself a dictator. he issued several decrees including an order that all decisions he makes are final and he is essentially above the law and frankly the people and the judges went nuts. a new constitution would revoke the decrees but protest
. in egypt, president mohammed morsi is expected to approve a new constitution passed by the assembly as early as saturday. that may mean an end to the protests against morsi's decree giving himself new powers. >>> former president george h.w. bush is expected to leave a houston hospital by the weekend. the 88-year-old was treated for bronchitis and a lingering cough. >>> private bradley manning spoke at a hearing on charges he faces for leaking secrets to wikileaks. he told a military judge he was kept in solitary confinement and only allowed 20 minutes outdoors per day. >>> supreme court justice is meeting behind closed doors regarding same-sex marriage. they're expected to take up at least one of them, most likely a challenge to the defense of marriage act which defines a marriage as a union between one man and with mon. >>> joe biden went shopping and tasted food and bought children's books, a big screen tv and an apple pie. >>> >>> a the new list of the most popular baby names for 2012 is just out. top names for boys, aiden, jackson, ethan, liam, and mason. and top names for girl
. this constitution would go to a referendum, be voted on and president morsi would give up his extraordinary powers. what we see is the reverse. it has inflamed the opposition. we could see one of the biggest protest demonstrations today we've seen so far, bill. bill: steve harrigan, thank you. we're waiting and watching for more developments out of cairo, egypt. we're coming after the moment where prayers end on a friday afternoon. so watch that story. martha: crowds in those streets. we'll keep an eye on it. we're just getting started on this friday morning, everybody. there is new information on the health of president george h.w. bush after he was admitted to the hospital. we have the latest how he is doing. we'll bring you that straight ahead. bill: the senate voting on a plan to prevent terror deteen east from gitmo being moved here to the u.s. and the results of what happens next with retired four-star general jack keane with his take on it. martha: and gridlock in washington. stuart varney just told us the white house's plan could send us into another recession. we'll talk to a democrat and
until further notice. >> this is all over president morsy's power grab. what about a potential constitution here? >> reporter: another important day today. the constitutional assembly in egypt at h hour is drafting egypt's all important new constitution. this is going to be the corner stone of egypt's democratic transition and one of the reasons why president morsy and the muslim brotherhood have been locking horns with opposition factions. this was a hundred member panel assigned to draft this constitution. there's been conflict. it is dominated by iz mists. liberal memberquit. some sued to disband the panel and start again. you will recall one of mr. morsy's ke crees said no one will disband this constitutional assembly. not even the judiciary. they believe it needs to be drafted to get it going. that's why opposition is upset. look for more conflict later today. >> thank you. >>> the other big news, in washington the white house tryinging to kick start fiscal cliff talks. just 33 days. congress breaks for the holidays in 15 days. >> treasury secretary tim geithner is going t
executive power and pliments presidential terms. this comes just after the president there mohammed morsi granted himself sweeping new powers basically made himself a dictator. that's what first triggered the protests and less than two years after the fall of egypt's aauthoritarian leader hosni mom bark many egyptians fear their new leader and islamist allies are putting the country back on the path toward dictatorship. steve harrigan live in cairo. steve, any sign the president is willing to concede on any of this? shepard, president morsey has made no moves on compromise. one thing we have seen from supporters in the muslim brotherhood the care shown in trying to avoid any conflict or violence in the square here. that's certainly going to be put to the test tomorrow. that's when across the nation morsey supporters, people who back this president from the muslim brotherhood will hold demonstrations in support of the president and they will avoid this area around tahrir square to try to avoid getting in fights with the anti-morsey protesters. shepard. >> shepard: steve, what happens now w
of whom are angry at the government at what they consider to be a power grabby president mohamed morsi. and in new jersey a train car carrying highly toxic chemicals crashed into a creek near the delaware river early this morning. it happened after a bridge collapsed. the area was evacuated. and more than 18 people were treated for respiratory issues and exposure to leaking vinyl chloride. it's a known cancer-causing chemical that can cause headaches and dizziness. >>> and as we head into the holiday shopping season, the top two companies that offer daily deals, well, they've apparently hit a rough economic patch. living social announced it is laying off 10% of its global workforce. the daily deal leader, groupon, saw its shares plunge this month after terrible earnings report. one expert says this field apparently has a few growing pains, joe. >> i would imagine so. but so many people i know have actually gone and gotten the groupon or whatever and actually went and bought the stuff. >> i think what a lot of companies are doing is they are just promoting their own ads so they don't ha
mohammed morsi to give back some of the sweeping powers that he seized earlier in the week. want to go live to cairo. reza sayah is overlooking tahrir square. is it calm where you are, and are people assuming that things are going to get better? there are a lot of critics who vague the broum brotherhood is really now trying to hijack the process, hijack the constitution and get the president to remain in power, as much power as he can hold on to. >> yeah. many of those critics, suzanne, are behind us. still demonstrating here in tahrir square. in the meantime, major developments unfolding. as we speak right now, egypt's constitutional assembly is voting to approve a draft of egypt's all-important new constitution. this is going to be the backbone, the centerpiece of egypt's democratic transition. all of egypt's laws are going to be based on this document. everything from the balance of power between the president and the parliament, the power of the army, the independence of the judiciary, the personal freedoms. once this draft is approved and all indications are it is going to be approved.
as mohamed morsi addresses the nation today calling for unity. nationwide protests have turned violent and even deadly as demonstrators blast morsi's decree last week that gave him virtually absolute power. >>> the united nations is set to recognize palestine as a state today with overwhelming support from the general assembly. the palestinians will ask for recognition as a non-member state. a similar designation is held by the vatican. but israel and the u.s. are opposed to the bid, saying it violates peace accords. >>> yet another arrest this morning for lindsay lohan. the troubled starlet was charged with assault around 4:00 a.m. in manhattan. she allegedly punched another woman in the face at a new york city nightclub. the other woman was not arrested and was not taken to the hospital. >>> and now let's head to wall street. cnbc's mary thompson is at the new york stock exchange. good morning to you, mary. >>> good morning, there's growing optimism that a budget deal will be reached to keep the u.s. from falling off the fiscal cliff. today, investors get another read on the holiday
Search Results 0 to 7 of about 8